GENIUS Act could bring trillions in institutional crypto capital: experts weigh in

The passage of the landmark Genius Act in the U.S. Senate has signaled a major shift in crypto regulation. According to industry experts, the change it could bring is hard to overstate. Stablecoins are on track to become part of a core trillion-dollar industry and transform everyday life for consumers.

Ira Auerbach, Head of Tandem at Offchain Labs, believes this regulatory clarity removes a major roadblock for adoption. The Genius Act has the potential to bring billions in institutional capital into the industry, already validated by the Circle IPO. He said in a note sent to crypto.news:

“By providing definitive regulatory guardrails for stablecoins, it clears the final major hurdle for institutional adoption, Auerbach stated. This regulatory catalyst… unlocks immense capital and innovation.”

This capital inflow will be transformative for the entire decentralized finance space, says Erbil Karaman, Co-Founder of Huma Finance. It will elevate stablecoins from speculative tools to “indispensable financial infrastructure,” he believes.#usdc #GENIUSActPass